$MYX MYX Perp DEX—permissionless listings and gasless tradi | fencojay1 on Binance Square

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$MYX MYX Perp DEX—permissionless listings and gasless trading, democratizing alpha for all.
#fencojay1 #MYX 

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$SOL $BNB $BTC — Major Moves Incoming! 🚨 Get Ready! 🔥 A powerful shift is brewing on Binance — and you’ll want to be ahead of it! 💥 Fresh opportunities and potential profits are on the horizon. 📈 Don't get left behind — stay informed and ride the next big wave in the crypto market! 🌊 👉 Join our exclusive Binance Chat Group now! Click to enter ⭐ #MarketPullback #IsraelIranConflict #ScalpingStrategy #USNationalDebt #SwingTradingStrategy

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#MarketPullback Let's walk through a real-world trade based on Bitcoin’s recent pullback to illustrate the process step-by-step: 1. Market Context & Trend Analysis Bitcoin hit an all-time high (~$112K) around May 22, then pulled back to below $109K the next day—a mild 2–3% dip due to some macro headlines . The overall trend remained strongly bullish, supported by ETF inflows and long-term holders picking up positions . 2. Identifying the Pullback Zone We use Fibonacci retracement from the recent swing low (~$89K in late Q1) to the $112K high. The 50% retracement level rested near $100K–$101K, aligning with a key psychological support—the price briefly dipped below $101K on June 6 . 3. Confirmation with Indicators & On‑Chain Signals The RSI approached neutral/oversold and started turning upward—this is a healthy pullback signal . On-chain data: “whales” (>=10 BTC wallets) were accumulating, while retail was unloading —a classic sign of potential price recovery. 4. Bullish Reversal & Entry Entry point triggered around $100,500–$101,000 when price stabilized and RSI began rising. Ideally, wait for a bullish candlestick (e.g., hammer) closing above this region for added confirmation. 5. Risk Management: Setting Stop-Loss Stop-loss placed just below the $99,500–100,000 zone, slightly under the 50% Fib. This keeps your risk limited (~1%–1.5%) if the pullback unexpectedly deepens. 6. Define Profit Targets First target: previous high (~$112K). Second target: extension levels like the 1.272 Fib (~$115K–$116K), if momentum continues. 7. Position Example Entry: $101K Stop-loss: $99.5K (risking $1.5K per BTC) Target 1: $112K (~$11K profit) → ~7.3:1 reward:risk Target 2: $115K (~$14K profit) → ~9.3:1 reward: risks 8. Trade Management Scale out one-third of position at first target, move stop to breakeven. Let the rest trail behind, locking in profit as the trend extends. 🔍 Summary: The Pullback Play Step Example Levels Trend Bullish, record highs $BTC

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$ETH #IsraelIranConflict Gasless trading, as implemented by platforms like MYX Finance, refers to a trading mechanism on decentralized exchanges (DEXs) that eliminates the need for users to pay gas fees—transaction costs typically required to process actions on a blockchain like Ethereum or BNB Chain. Here's a concise explanation: What are gas fees? Gas fees are payments made to blockchain validators or miners to process transactions, such as trades or token swaps. These fees can be high, volatile, and a barrier for small or frequent traders. How gasless trading works: Platforms like MYX use off-chain mechanisms, such as signature-based transactions or relayers, to process trades without requiring on-chain gas payments from users. For example, MYX's Smart Key feature allows users to sign transactions without paying gas fees directly. The platform may cover these fees or batch transactions off-chain, settling them later to reduce costs. This creates a seamless, wallet-free experience, mimicking centralized exchanges (CEXs) where users don't interact with blockchain fees. Benefits: Lower costs: Eliminates high gas fees, making trading viable for small transactions. Accessibility: Reduces barriers for new or retail traders unfamiliar with blockchain wallets or gas management. Speed: Off-chain processing can make trades faster and less dependent on network congestion. Trade-offs: The platform may absorb gas costs, potentially passing them indirectly via trading fees. Relies on trusted infrastructure (e.g., relayers), which could introduce minor centralization risks, though mitigated by decentralized protocols. In MYX's case, gasless trading via Smart Key, combined with chain abstraction, enables a frictionless experience, allowing users to trade any token with minimal costs and no wallet setup, democratizing access to DeFi trading.

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Gasless trading

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MYX Perp DEX—permissionless listings and gasless trading, democratizing alpha for all. MYX Finance is a decentralized perpetual futures exchange (Perp DEX) focused on making trading accessible to everyone by removing traditional barriers. It operates on BNB Chain and Linea, with plans to expand to Solana, and is known for its permissionless listings, allowing any token, including meme coins and microcaps, to be listed and traded within seconds. Its key features include: Permissionless Listings: Anyone can list tokens, enabling rapid trading of new assets, from blue-chip to long-tail tokens, fostering early access to high-potential trades. 👉 Gasless Trading: Transactions are signature-free and gasless via Smart Key, eliminating wallet friction and high fees, creating a seamless, CEX-like experience. 👉Chain Abstraction: The Universal Account (UA) and Matching Pool Mechanism (MPM) enable cross-chain trading with one account, offering zero slippage, ultra-low fees (as low as 1 bp), and up to 50x leverage. 👉Democratizing Alpha: MYX aims to level the playing field, allowing retail traders to access institutional-grade infrastructure without complex operations or gatekeeping. Liquidity and Fees: Liquidity providers (LPs) earn 80% of fees and profits, incentivizing deep liquidity pools. The platform has achieved $42 million in TVL and over 200,000 unique trading addresses pre-IDO. Backed by $10.5 million from investors like HashKey Capital, HongShan, and Consensys, MYX’s $MYX token saw a 30,296% oversubscribed IDO on Binance Wallet, with listings on Binance Alpha Zone, Bitget, and Pancakeswap, and a 24-hour trading volume of $51.31 million as of May 7, 2025. The upcoming Token Generation Event (TGE) will transition MYX to community-governed decentralized ownership. By addressing blockchain fragmentation and offering a wallet-free, low-cost trading experience, MYX positions itself as a leader in the chain-abstracted Perp DEX space, competing with platforms like Hyperliquid in 2025. $DEXE $TRUMP #MYX

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